Hidden Strength in Consolidation
Bitcoin Moving Sideways? Don't Ignore It.
A sideways market may look boring, but consolidation can provide important information.
Watch for:
đ Volume changes
đïž Higher lows or lower highs
đ§ Liquidity around the range
⥠Breakout attempts
đ Retests of the range
The longer price stays inside a range, the more important the eventual reaction can become.
Don't trade the boredom. Study the structure.
#Bitcoin #Consolidation #PriceAction #CryptoAnalysis
Bitcoin Moving Sideways? Don't Ignore It.
A sideways market may look boring, but consolidation can provide important information.
Watch for:
đ Volume changes
đïž Higher lows or lower highs
đ§ Liquidity around the range
⥠Breakout attempts
đ Retests of the range
The longer price stays inside a range, the more important the eventual reaction can become.
Don't trade the boredom. Study the structure.
#Bitcoin #Consolidation #PriceAction #CryptoAnalysis